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BREAKING: US–Iran Agree To 2-Week Ceasefire, Strait Of Hormuz To Reopen
President Trump has paused the planned strikes on Iran and agreed to a 14-day ceasefire, just 90 minutes before his deadline.
Key Points:
🔸 Iran will allow safe passage through the Strait of Hormuz, coordinated with its armed forces
🔸 Iran submitted a 10-point peace proposal, Trump called it a "workable basis" to negotiate
🔸 Both sides claim victory, Iran's Supreme National Security Council confirmed acceptance
🔸 Peace talks set for Friday, April 10 in Islamabad, VP Vance likely to lead US delegation
🔸 Israel reportedly part of the ceasefire, Netanyahu confirmed compliance on Iran front
Market Reaction:
🔸 WTI Crude crashed over 9% to around $96 in 30 minutes
🔸 S&P 500 futures pumped over 1% on the news
🔸 Risk-on mood returning, good setup for $BTC, $ETH and Alts
My View:
This removes the biggest geopolitical tail risk hanging over markets. Oil dumping and equities pumping is a clear risk-on signal, and crypto usually follows.
Trade the pump, do not marry it. Watch Friday closely.